Home Improvement Basics
Home improvement consists of renovations and other improvements to a home or property. It can include interior (electrical and plumbing) and exterior work, such as masonry, concrete, and siding/roofing. It can also include other work that improves a home or property, such as adding rooms and space, making it more energy efficient, or improving safety.
Some common home improvement projects may increase a home’s value, but others could be costly to do and decrease its resale value. Whether you want to improve your home’s appearance or functionality, make sure that the changes are worth it for you and your family.
Before you begin any home improvement project, write down the specific details of what you would like to do and create a plan of action for getting it done. This will ensure that you’re working on the most important projects first, and that you have a plan in place to keep everything moving forward smoothly.
It is very important to hire a licensed contractor for your home improvement project. Check their credentials and business references before allowing them to work on your home.
The law requires that all contracts for home improvement be in writing and signed by both parties before work begins or any money is paid. The contract should contain the total cost of the work and any warranties a contractor might offer on materials or workmanship.
If you’re planning a home improvement project, consider financing to help you pay for the work. There are a variety of options, including personal loans and home equity lines of credit. It’s important to compare your financial situation with your goals and the type of loan that will fit your needs best.